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Market News Nigeria
Business

FG, World Bank Cancel $717.7 Million Power Sector Loan as Tariff Deficits Worsen

May 26, 2026 0
investment

VFD Group Eyes Pan-African Expansion After ₦50.67bn Rights Issue Boost

Business

Nigeria Receives $187.3m US Aid as Washington Tightens Funding…

Business

Nigeria Private Sector Credit Declines by N14 Trillion Despite CBN…

Business

Alaoji Power Plant Restored: NDPHC Revives 450MW Facility Amid Nigeria…

Business

Coronavirus: Stakeholders worry about surveillance at Nigeria’s international…

Feb 29, 2020 0
Following the announcement of the first case of coronavirus in Nigeria, aviation experts have called for better…
Banking

CORONAVIRUS: Oil price drops below Nigeria’s 2020 budget benchmark

Feb 29, 2020 0
Nigeria’s budget estimate appears threatened as oil price drops $5 below the 2020 benchmark on global fears over…
Business

Olam’s pilot farming project to boost tomato value chain

Feb 29, 2020 0
Olam Nigeria’s Vice President in charge of Farming Initiatives, Reji George, has disclosed that preliminary results…
Business

Total Is Said to Bid for Stake in $7.4 Billion U.K. Wind Farm

Feb 29, 2020 0
French oil company Total SA is among the final bidders for a stake in an offshore wind farm that may cost more than…
Business

It was a hellish week to be a billionaire

Feb 29, 2020 0
It was a bad day to be a billionaire. As stocks plummeted worldwide Monday on coronavirus fears, the 10 richest…
Africa

Africa May Only See Impact of New Free-Trade Deal After 3 Years

Feb 29, 2020 0
The real impact of commerce under a Pan-African deal to establish the world’s largest free-trade area will probably…
Business

Citadel, BlackRock, and D1 Capital are racking up hundreds of millions in gains as…

Feb 28, 2020 0
What might end up being the worst week for stocks in over a decade hurt a little less for some asset managers.…
Business

Warren Buffett discussed Apple, bitcoin, coronavirus, and Bernie Sanders in an…

Feb 28, 2020 0
Warren Buffett is renowned for making witty and insightful comments that many investors turn to for guidance.…
Local

Coronavirus: Hamzat Reveals Italian Man Was In Ogun State Before Bringing Virus To…

Feb 28, 2020 0
The Deputy Governor of Lagos state, Obafemi Hamzat, was on TVC this morning where he revealed that the Italian man…
Technology

‘Airtel records 1.022 fibre cuts’

Feb 28, 2020 0
Airtel Nigeria says it has experienced 1,022 fibre cuts in the past eight months, which have affected its network…
Banking

Ecobank Nigeria appealing Tribunal Judgment on disputed FIRS tax liability

Feb 28, 2020 0
Ecobank Nigeria wishes to provide its position on a statement released by the Federal Inland Revenue Service (FIRS)…
Business

Shipping lines may lose $1.7bn to Coronavirus – Report

Feb 28, 2020 0
A Copenhagen-based analysis company, Sea-Intelligence, has predicted that international shipping lines may lose…
Business

Nestle Nigeria Plc appoints new Director

Feb 28, 2020 0
Nestle Nigeria Plc has appointed Mrs Juliet Ehimuan as an Independent Non-Executive Director. The appointment is …
Business

NNPC to begin gas pipeline construction by Q2 2020

Feb 28, 2020 0
The Nigerian National Petroleum Corporation (NNPC) has disclosed that the construction of the Ajaokuta-Kaduna-Kano…
Local

FG orders forensic audit of Discos

Feb 28, 2020 0
The National Economic Council on Thursday ordered a forensic audit of the electricity Distribution Companies in the…
Business

FG facilitates $20m tech fund, N90bn agripreneur loan

Feb 28, 2020 0
To further drive its support for micro, small and medium enterprises (MSMEs), the federal government has…
Local

Sell-off in MTN, Ecobank drags equities down by 0.22%

Feb 27, 2020 0
The equities market sustained its bearish performance on Wednesday, on the back of sell-off on the shares of MTN…
Africa

Lafarge Africa rewards customers

Feb 27, 2020 0
Lafarge Africa Plc has rewarded its customers during its Customer Award event held in Lagos. The event was an…
Business

PoS transactions fall by 16%

Feb 27, 2020 0
Financial sector experts are divided over the 16 percent month-on-month, MoM, decline in the value of…
Business

Dangote Cement reports N201bn profit after tax

Feb 27, 2020 0
Dangote Cement Plc has posted a profit after tax of N200.521bn for the financial year ended December 31, 2019 as…
Banking

Tribunal orders Ecobank to pay N1.6bn to FIRS

Feb 27, 2020 0
The Tax Appeal Tribunal, Lagos Zone has declared as illegal, null and void the decision of Ecobank Nigeria Limited…
Local

2019 debt servicing gulped N2.1tn — Investigation

Feb 27, 2020 0
The Federal Government spent a total sum of N2.1tn to service the country’s debt obligations to local and foreign…
Business

Shoprite selling property to pay for online, store upgrades

Feb 27, 2020 0
Shoprite Holdings Limited’s decision to sell some properties and lease them back is to free up cash to invest in…
Technology

Peugeot maker PSA’s revenue, profits rise in 2019

Feb 26, 2020 0
Peugeot maker PSA Group posted a higher-than-expected rise in 2019 revenue on Wednesday, although the volumes…
Business

Discos deny receiving subsidy from FG

Feb 26, 2020 0
Electricity distribution companies, under the aegis of Association of National Electricity Distributors, has said…
Local

How Buhari regime depleted ECA by N1.5tn

Feb 26, 2020 0
Between 2015 and 2019, the Federal Government withdrew N1.5tn (about $4.92bn) from the Excess Crude Account,…
Local

Immigration, NIMASA repatriate stranded Indian seafarer

Feb 26, 2020 0
THE Lagos Seaports and Marine Command of Nigeria Immigration Service, in collaboration with the Nigeria Immigration…
Business

Ondo targets N500bn investment through deep seaport project

Feb 26, 2020 0
ONDO State Governor, Rotimi Akeredolu, has said the development of a deep seaport project in the state will…
Local

WACT plans upgrade of phase-2 of facility

Feb 26, 2020 0
THE West Africa Container Terminal, WACT, has concluded plans to begin the second phase of its facility upgrade…
Investing

Dangote Fertiliser starts pre-testing of $2bn plant before inauguration

Feb 25, 2020 0
Dangote Fertiliser Limited has started the pre-testing of its $2 billion Granulated Urea Fertiliser plant located…
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NIGERIA

Business

Nigeria’s Refinery Struggles Deepen as Fuel Import Bill Hits ₦46.17 Trillion Amid Calls for Local Production Reform

May 26, 2026
Business

CBN Injects N9.71 Trillion Through OMO Bills as Naira Gains N19.67 Against Dollar in April

May 26, 2026
Business

Dangote faces price war as NNPC backs fuel imports

May 26, 2026
Business

FG Cancels $717.7 Million World Bank Power Loan as Nigeria’s Electricity Crisis Deepens

May 26, 2026
Prev Next 1 of 3,170

World

European Markets Rise as UK Political Uncertainty and…

May 14, 2026

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

Saudi warns of $50 oil if OPEC+ fails to honour cut deal

Oct 3, 2024
Prev Next 1 of 1,562
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